Is Scoresby a nice place to live?

Scoresby is an outer eastern Melbourne suburb with a practical, working feel where established residential streets sit alongside pockets of commercial and light-industrial activity. Housing is largely single-family, from older brick homes to newer family houses on modest to generous blocks, and the area is anchored by local shops, schools, sports ovals and parkland that support weekend recreation. At 6,066 residents the median age is 40 and households have a median weekly income of $1,965; the community is a suburb of families, with couples with children making up 52.3% of families and owner-occupation at 77.0% of homes. Transport is centred on bus links and easy access to arterial roads, and several local projects are under way, including the Ovata masterplanned neighbourhood and upgrades to reserves and schools. Whether Scoresby suits you depends on what you value in a suburb.

Is it expensive to live in Scoresby?

On the figures for Scoresby, buying sits well above local incomes at the last Census. A $940,000 median house price is about 9.2 times a typical local household's annual income at the last Census, which puts buying well above what people locally earned then. Renting also takes a sizeable share of income: house rent of $645 a week is about 32.8% of a typical local household's weekly income at the last Census, and unit rent of $598 a week is about 30.4%. If you're renting rather than buying, those rent shares are the numbers that matter and whether they feel expensive depends on your own income and circumstances. Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Is Scoresby a good place to invest?

Over the past 12 months in Scoresby, house values edged up 0.3% while the rent they attract rose 4.0%. On the house side that means rental income has grown faster than capital value this year, with rents the stronger performer. Units showed a different pattern: unit values fell 2.7%, a modest decline, while unit rents climbed 6.8%, a solid rise. For units the rental income increased even as the median value moved down. Whether that mix of movements suits you depends on your goals and circumstances. This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Scoresby suburb profile

Scoresby is an outer-eastern Melbourne suburb where established residential streets sit alongside pockets of commercial and light-industrial activity, giving it a practical, working suburb feel. Housing is largely single-family, with older brick homes and newer family houses on modest to generous blocks. The suburb is anchored by local shops, schools, sports ovals and areas of parkland that suit family life and weekend recreation. Transport is driven by bus connections and easy access to major arterial roads, so residents balance a suburban, leafy lifestyle with straightforward links to larger commercial centres and employment hubs in Melbourne’s east.

Scoresby property market performance

Property growth-1.2%Past 12 months

Scoresby has relatively few recent unit sales, so there isn't enough recent data to publish a reliable median unit price. The median house price is $940,000, with house values edging up a slight 0.3% over the last 12 months. Available figures show unit values declined a moderate 2.7% over the same period.

Over the last 3 months, 22 houses and 1 unit sold. Houses sold in a median of 34 days.

The rental market in Scoresby saw house rents average $645 a week, up a modest 4.0% over the last 12 months. Unit rents averaged $598 a week, up a solid 6.8% over the same period, so unit rents grew faster than house rents.

	Houses	Units
Median price Past 3 months	$940K	N/A
Change in value Past 12 months	0.3%	-2.7%
Sold Past 3 months	22	1
Median days on market Past 12 months	34	N/A
Average rent Past 12 months	$645	$598
Change in rent Past 12 months	4.0%	6.8%

5 year median price trend for houses and units

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Scoresby demographics

Scoresby is home to 6,066 people, with a median age of 40 and a median household income of $1,965 a week, about $102,180 a year.

The suburb’s family profile is dominated by couples with children, who make up 52.3% of families. Couple families without children account for 31.1%, so together the two couple categories represent 83.4% of families. One-parent families are 15.4% and other families 1.3%.

Homes in Scoresby are largely owner-occupied: 35.3% are owned outright and 41.7% are owned with a mortgage, a combined 77.0% owner-occupied, while 23.0% of dwellings are rented.

Scoresby infrastructure, key developments and investment opportunities

Scoresby is the focus of Ovata, a government-led masterplanned neighbourhood being delivered by Development Victoria on the former DELWP horticultural research site at the corner of Burwood Highway and Scoresby Road. The project is delivering about 400 medium-density townhouses, a purpose-built wetlands system, green open spaces and walking and cycling connections to the Blind Creek Trail, and includes up to 10% affordable housing; civil construction commenced in 2026 with staged home construction and a sales display suite underway.

Locally, Knox City Council has progressed the Scoresby (Exner) Reserve masterplan with completed stage works such as pedestrian solar lighting and a new public toilet and has put tenders in for court rehabilitation. In education, the Victorian Government’s Planned Maintenance Program lists allocations to Scoresby Secondary College (about $735,515) and Scoresby Primary School.

Suburbs near Scoresby

Some popular suburbs near Scoresby include:

How does Scoresby compare to nearby suburbs?

Median house prices: Scoresby’s median house price is 3.3% lower than Knoxfield’s.
House price growth: Over the past 12 months, house prices in Scoresby have grown 2.2% higher than in Wantirna.
Unit price growth: Property prices in nearby Knoxfield have risen 9.4% more than in Scoresby over the past year.
Selling speed for houses: Properties in Scoresby are selling 2.9% faster than in Knoxfield.
Investment considerations: In Scoresby, the rental yield for house is 1.7% higher than the Melbourne average, while the rental yield for units is 1.4% higher.
House price growth: Over the past 12 months, house prices in Scoresby have grown 3.1% lower than the average rate of growth across Melbourne.
Unit price growth:Over the past 12 months, unit prices in Scoresby have grown 22.3% higher than the average rate of growth for units across Melbourne.

Common questions about Scoresby

Is Scoresby a nice place to live?
Scoresby is an outer eastern Melbourne suburb with a practical, working feel where established residential streets sit alongside pockets of commercial and light-industrial activity. Housing is largely single-family, from older brick homes to newer family houses on modest to generous blocks, and the area is anchored by local shops, schools, sports ovals and parkland that support weekend recreation. At 6,066 residents the median age is 40 and households have a median weekly income of $1,965; the community is a suburb of families, with couples with children making up 52.3% of families and owner-occupation at 77.0% of homes. Transport is centred on bus links and easy access to arterial roads, and several local projects are under way, including the Ovata masterplanned neighbourhood and upgrades to reserves and schools. Whether Scoresby suits you depends on what you value in a suburb.
Is it expensive to live in Scoresby?
On the figures for Scoresby, buying sits well above local incomes at the last Census. A $940,000 median house price is about 9.2 times a typical local household's annual income at the last Census, which puts buying well above what people locally earned then.

Renting also takes a sizeable share of income: house rent of $645 a week is about 32.8% of a typical local household's weekly income at the last Census, and unit rent of $598 a week is about 30.4%. If you're renting rather than buying, those rent shares are the numbers that matter and whether they feel expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
Is Scoresby a good place to invest?
Over the past 12 months in Scoresby, house values edged up 0.3% while the rent they attract rose 4.0%. On the house side that means rental income has grown faster than capital value this year, with rents the stronger performer.

Units showed a different pattern: unit values fell 2.7%, a modest decline, while unit rents climbed 6.8%, a solid rise. For units the rental income increased even as the median value moved down. Whether that mix of movements suits you depends on your goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

Choose the right real estate agents in Scoresby

Choosing the right real estate agent in Scoresby can have a big impact on your sale. While there are 49 real estate agents working in the suburb, but just 5 of them were responsible for 35.4% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.71% to 2.57%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.